Curtiss-Wright Co. (NYSE:CW) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC grew its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 70,454 shares of the aerospace company’s stock after buying an additional 5,437 shares during the period. Fisher Asset Management LLC owned 0.19% of Curtiss-Wright worth $23,158,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. raised its holdings in shares of Curtiss-Wright by 144.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 661 shares of the aerospace company’s stock valued at $217,000 after buying an additional 391 shares during the period. Algert Global LLC lifted its position in shares of Curtiss-Wright by 10.2% in the 3rd quarter. Algert Global LLC now owns 50,274 shares of the aerospace company’s stock worth $16,525,000 after buying an additional 4,656 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Curtiss-Wright by 20.9% in the 3rd quarter. Cerity Partners LLC now owns 6,661 shares of the aerospace company’s stock worth $2,189,000 after purchasing an additional 1,152 shares during the last quarter. Citigroup Inc. boosted its stake in Curtiss-Wright by 6.4% during the 3rd quarter. Citigroup Inc. now owns 56,058 shares of the aerospace company’s stock valued at $18,426,000 after purchasing an additional 3,362 shares during the period. Finally, Eagle Asset Management Inc. grew its holdings in Curtiss-Wright by 3.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 26,011 shares of the aerospace company’s stock worth $8,550,000 after buying an additional 754 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Curtiss-Wright Stock Down 1.1 %

Shares of NYSE CW opened at $371.11 on Thursday. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 1 year low of $209.01 and a 1 year high of $393.40. The firm’s 50-day moving average is $351.26 and its 200-day moving average is $308.63. The firm has a market capitalization of $14.08 billion, a PE ratio of 35.11 and a beta of 1.17.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.23%. The ex-dividend date is Friday, November 22nd. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CW. Alembic Global Advisors began coverage on Curtiss-Wright in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price for the company. Robert W. Baird boosted their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus lowered shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a research note on Monday, November 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Curtiss-Wright currently has an average rating of “Moderate Buy” and a consensus price target of $364.40.

Insider Buying and Selling

In related news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the sale, the vice president now owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This trade represents a 8.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.55% of the stock is currently owned by company insiders.

About Curtiss-Wright

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.